Michael Saylor, a co-founder of Strategy and a vocal Bitcoin supporter, has taken to the X social media network to publish a post as he reacted to BTC’s reversal to the $110,000 level after it failed to stay above $112,000. Saylor’s tweet ignited the global crypto community, triggering a discussion. Saylor makes big Bitcoin reminder
Bitcoin price dropped below the $110,000 threshold again today after it made an attempt to climb past $110k. Analysts discovered that the 30-day moving average has fallen to its lowest level. Summary Bitcoin price fell below $110,000 ass its 30-day moving average plummets to the lowest level since 2018. The downward trend may be a
Lumia, the oracle layer of Web3, which also acts as the liquidity layer, has announced a strategic partnership with Alchemy, a top-level blockchain development platform. This partnership aims at upgrading the existing core infrastructure of Lumia by using Alchemy’s Remote Procedure Call (RPC) nodes. This upgrade will greatly enhance the speed and credibility of Lumia
As Bitcoin (BTC) seeks to maintain its price above the $110,000 mark, technical indicators suggest further losses may be looming. Specifically, the threat of an additional downturn is highlighted by a ‘death cross’ on the Moving Average Convergence Divergence (MACD) indicator, according to insights from cryptocurrency analyst Ali Martinez in an X post on August
Thailand just made a big move in digital finance by launching the world’s first tokenized government bonds, called G-Tokens. The Ministry of Finance has backed the initiative, and KuCoin Thailand is the first exchange officially handling listings, subscriptions, and redemptions. The initial issuance is worth 5 billion baht, roughly $150 million, and the bonds are
Oasys Blockchain, a popular tokenized asset gateway, has partnered with Babylon, a prominent Web3 and blockchain infrastructure firm. The partnership aims to redefine the Oasys Blockchain ecosystem into a Bitcoin Supercharged Network (BSN), permitting $BTC stakers to take part within the chain. As the platform revealed in its official social media announcement, this move denotes
Crypto data provider CryptoOnchain has highlighted a notable development in the Bitcoin market. According to the statement, Bitcoin’s 30-day moving average Taker Call/Sell Ratio has fallen to its lowest level since May 2018. Bitcoin Bid-Sell Ratio Hits 6-Year Low: Selling Pressure Grows The Taker Buy/Sell Ratio is a key indicator measuring the balance of buy
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Bitcoin BTC$111,247.95 long-term holders (LTHs) have already realized more profit in this cycle than in all but one previous cycle (2016 to 2017), according to data from on-chain analytics platform Glassnode. This underscores elevated sell-side pressure and, when combined with other signals, suggests the market has entered the late phase of the cycle”. Since the
Metaplanet Inc. (3350) rose 5.7% on Wednesday after the Tokyo-based company said it plans to sell shares to foreign investors, provided updates on recent capital actions and said it will temporarily suspend warrant exercises. The company plans to issue up to 555 million new Tokyo-traded shares through an international offering, subject to shareholder approval at